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S&P makes Mercantile announcement

Standard & Poor's (S&P) has affirmed its ‘AA’ (very strong) counterparty credit and financial strength ratings on Old Republic Mercantile Insurance (Mercantile) and subsequently withdrew the ratings at the company’s request.

The ratings withdrawal has no effect on the ratings on Mercantile's parent company, Old Republic International (ORI) or any of Mercantile's rated affiliates.

According to S&P, Mercantile is a very

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